Avaya Reports First Fiscal Quarter 2013 Results

Avaya Reports First Fiscal Quarter 2013 Results

SANTA CLARA, CA — (Marketwire) — 02/05/13 –Revenue of $1.24 billionOperating Income of $23 Million, Non-GAAP Operating Income(1) of $193 MillionAdjusted EBITDA(1) of $251 MillionAvaya Inc., a global provider of business communications and collaboration systems, software and services, today reported results for the first quarter of fiscal 2013. For the first fiscal quarter, revenue was $1.24 billion, down 2.9% compared to the prior quarter, primarily due to seasonality and reduced demand in th

Infinera Corporation Reports Fourth Quarter and Fiscal Year 2012 Financial Results

Infinera Corporation Reports Fourth Quarter and Fiscal Year 2012 Financial Results

SUNNYVALE, CA — (Marketwire) — 02/05/13 — Infinera Corporation (NASDAQ: INFN), a leading provider of digital optical networks, today released financial results for the fourth quarter and fiscal year ended December 29, 2012.GAAP revenues for the quarter were $128.1 million compared to $112.2 million in the third quarter of 2012 and $112.0 million in the fourth quarter of 2011.GAAP gross margins for the quarter were 34% compared to 37% in the third quarter of 2012 and 40% in the fourth quarter

eGain Announces Fiscal 2013 Second Quarter Financial Results

eGain Announces Fiscal 2013 Second Quarter Financial Results

SUNNYVALE, CA — (Marketwire) — 02/05/13 — eGain (NASDAQ: EGAN)Total quarterly revenue up 37% sequentially and 36% year-over-yearQuarterly cloud software revenue up 21% sequentially and 76% year-over-yearDeferred revenue of $22.4 million, up 339% year-over-yearUnbilled deferred revenue of $18.1 million, up 42% year-over-yearNet income of $641,000, or $0.03 per basic and $0.02 per diluted shareeGain reiterates guidance for fiscal year 2013 cloud revenue growth of at least 50%eGain reiterates g

Calix Reports Fourth Quarter and 2012 Fiscal Year Results

Calix Reports Fourth Quarter and 2012 Fiscal Year Results

PETALUMA, CA — (Marketwire) — 02/05/13 — (NYSE: CALX) today announced financial results for the fourth quarter and fiscal year ended December 31, 2012. Revenue for the fourth quarter of 2012 was $91.4 million, an increase of 12.5% compared to $81.3 million for the third quarter of 2012, and flat compared to $91.6 million for the fourth quarter of 2011."Strong fourth quarter results ended 2012 on a positive note," said Carl Russo, Calix president and CEO. "We are carrying this

CRES Insurance Services Adopts Oceanwide-s Bridge Cloud-Based Insurance Processing System

CRES Insurance Services Adopts Oceanwide-s Bridge Cloud-Based Insurance Processing System

MONTREAL and ATLANTA, GA — (Marketwire) — 02/05/13 — , a leading provider of cloud-based insurance applications for the global property & casualty (P&C) insurance market, today announced that has successfully adopted Oceanwide-s Bridge cloud-based insurance processing application.CRES, a leading provider of E&O insurance and risk management products to the real estate industry, will utilize for processing business in all lines of business the company currently writes. Bridge is

LaSalle Solutions Achieves Cisco Gold Certification in the United States

LaSalle Solutions Achieves Cisco Gold Certification in the United States

CHICAGO, IL — (Marketwire) — 02/05/13 — announced today it has achieved Cisco® . To earn Gold Certification, LaSalle Solutions has met the rigorous standards set forth by Cisco in networking competency, service, support and customer satisfaction."Receiving the Gold Partner status is a great achievement," said Steven Robb, President – Solutions Group at LaSalle Solutions. "We have a long-term commitment to Cisco as a key strategic partner and this recognition reflects our